JPM The Bond For Charities I

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 149.63 Day Change GBX -0.83 (-0.55%)
Price Date 12 Sep 2016 Crown Rating 5
Shares Class Inc. Yield 3.55 %
Total Expense Ratio 0.52 Fund Size 18,100,000.00
Launch Date 07/07/1992 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.35 Sector IMA UK Equity Income
Min Investment (£) 20,000.00 Total Expense Ratio (%) 0.52
ISIN GB0007434243 Min TopUp (£) 0.00

Fund Objective

The investment objective of the Fund is to provide Participating Charities with income from a diversified portfolio of bonds, with the aim of preserving the value of their capital over the longer term. The performance benchmark for the Fund is the total return of 50% FTSE British Government AllStocks Index and 50% Barclays Sterling Non Gilt Index.

Fund Managers

Iain Stealey
Iain Stealey, managing director, is the head of Global Aggregate Strategies within the Global Fixed Income, Currency & Commodities (GFICC) group. Based in London, he is a portfolio manager focusing on multi-sector bond strategies for both segregated clients and pooled funds. Within the Global Aggregate team, Iain was previously responsible for the portfolio management of enhanced cash and short duration portfolios. An employee since 2002, he obtained a B.Sc. in Management Science from Loughborough University. Iain is a CFA charterholder and holds the Investment Management Certificate from the UK Society of Investment Professionals.